REoptimizer^® Blog

Whether you're opting for a long-term or short-term lease, you want to make sure that you know exactly what you're getting into before you sign. Without proper due diligence, you can't be certain that you're getting a fair deal from the landlord and the right property for your business needs.

If you've fallen into managing your company's real estate portfolio, you might feel like you're awash in new terminology, confused by strange ways of doing business and generally overwhelmed. The good news is that arguably the most important part of running your company's portfolio -- key date management -- is also the simplest.

Having a rent abatement added to your commercial real estate lease can be incredibly beneficial to your company, and it's one of the few concessions that landlords can make that doesn't carry a high cost. As a result, it's often possible to secure a rent abatement during a negotiation.

You've got the right location picked out for your company. Now, it's time to make sure you create the right spatial layout to ensure success. How you plan your office space can affect everything from employee satisfaction to energy costs to productivity, so you want to take the time to ensure that you get everything right.

Getting the best deal on your company's next lease on office space is a three step process. Going from macro to micro, you need to locate it correctly, negotiate the deal correctly and configure it correctly. If you maximize those three factors, your company will come out with the best possible combination of factors.

For any business, finding ways to decrease costs and eliminating unnecessary expenditures is important for improving the overall bottom line. Companies that own their own buildings or have triple net leases can exercise control over operating costs to reduce expenses and increase profitability. Following these tips can help you better manage operating costs:

Many companies sign commercial leases during peak periods only to find that it becomes difficult to keep up with rental costs when business slows down. When you're locked into a lease, you can't simply move to look for a place with a lower cost per square foot whenever you choose, but there are still ways that you can reduce costs.

When you're searching for commercial real estate, it's easy to start off by just focusing on what units are available in your region, but before you begin considering buildings, discussing square footage requirements and other specifics, it's important to take a step back. Site selection is the important first step in finding the right commercial space that you can't afford to skip. When you're selecting your site, follow these tips to help ensure that you choose the right location.